I think we found a good place to start in how to pay for nationalized health care in just savings alone.
Humana Inc.’s second-quarter profit grew more than 34 percent as the health insurer posted an increase in revenue from premiums and services.
The Louisville, Ky.-based company’s net income rose to $281.8 million, or $1.67 per share, diluted, from $209.9 million, or $1.24 per share, a year earlier.
Humana (NYSE: HUM), a major provider of health coverage to Wisconsin members, reported 7 percent growth in consolidated revenue for the quarter, to $7.9 billion, from $7.35 billion a year ago. Total premium and administrative-services fees rose eight percent from the same quarter last year, according to a news release.
Tuesday, August 4, 2009
Duh, it's the money: